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Showing 1001 - 1010 of 6958 results for "March"

Industry pans early release superannuation policy

ANDREW MCKEAN  |  MONDAY, 16 MAY 2022
... affordability and would significantly impact the ability of Australians to have a dignified retirement. In a report published in March 2021, ASFA found that none of the reviews of superannuation have recommended the early release of super for housing ...

Top Aussie equities funds revealed

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... Capital, Plato Investment Management and Vanguard had the best performing Australian equities products in the three years to March end. The latest performance tables for managed funds shows Bennelong's Emerging Companies Fund topped the rankings for ...

US inflation wavers near a 40-year high

ANDREW MCKEAN  |  THURSDAY, 12 MAY 2022
... 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline is the first month to month inflation rate fall since August 2021. US president Joe Biden said that it was heartening ...

ASX CHESS replacement delayed again

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
After advising there was a chance there would be further delays back in March, the ASX has today confirmed the CHESS replacement will not be ready by April 2023. In an update, the ASX said the April 2023 go-live is no longer viable. "This decision reflects ...

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
... management update, published this week, Magellan reported a further $1.4 billion drop in FUM during the month of April. In March it saw $1.1 billion in net outflows, while about $5 billion was lost in a single fortnight prior to that. In September 2021 ...

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
... its attention to cost management as it reports an 8% lift in profits. Pendal's statutory net profit for the six months to March 31 has jumped to $96.7 million, up from $89.9 million in the prior corresponding period. Its underlying profit was up 59% ...

BUSSQ board fully stocked again

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
... Hutchinson Builders. Their appointments bring the BUSSQ board to eight, including three new directors who were added in March - Geoff Baguley, Paul Hick and Christopher Taylor. Those appointments followed the sudden exit of Paul Bidwell, Sonya Beyers ...

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Macquarie Group has posted a $A4.7 billion net profit for the year ended 31 March 2022, up 56% from the prior year. This strong result was carried by impressive performances across all the companies operating groups. Items within the banking group that ...

Further $1.4bn FUM drop at Magellan

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... month to April 29. Magellan's funds under management now sits at $68.6 billion, down from $70 billion at the end of March. Almost $1 billion of the loss was seen on the retail side, while institutional funds accounted for about $500 million. Total ...

US Federal Reserve enacts biggest rate hike in 22 years

ANDREW MCKEAN  |  THURSDAY, 5 MAY 2022
... restoration of price stability. Of note, inflation is at its highest level in 40 years, sitting at an eye-watering 8.5% as of March 2022. However, despite the rate rise decision, markets responded positively to the announcement after Powell quashed speculation ...